Wedge Pattern - Strong trend is coming
H4 timeframe
After price breaks down $640 support, ETH goes down below $600
The upper trend line forms the wedge pattern
This pattern is quite large with expectation for a big trend to happen next
Price touching the lower trendline causes the price reaction, wait for more reversal signals to get a nice buy point, target $670-$680
After price breaks down $640 support, ETH goes down below $600
The upper trend line forms the wedge pattern
This pattern is quite large with expectation for a big trend to happen next
Price touching the lower trendline causes the price reaction, wait for more reversal signals to get a nice buy point, target $670-$680
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.